Property profile

600 Broadway Blvd Kansas City, MO 64105

OFF-MARKET
Office buildings
Property ID
US48-0586207
23,720 SF 2 ac lot Built 1985
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Rivergate Business Center, located at 600 Broadway Boulevard in Kansas City, Missouri, offers a diverse range of office spaces for lease. This prominent Jackson County property boasts a total of 156,000 square feet, providing ample room for businesses of all sizes. The building features both traditional and loft-style office spaces, catering to a variety of preferences and needs. Currently, there are seven individual suites available, ranging in size from a comfortable 1,201 square feet to a substantial 4,390 square feet. The multiple tenancy structure allows for flexibility and scalability, making it an ideal location for companies looking to expand or downsize. The convenient location in the 64105 zip code offers easy access to major transportation routes and a vibrant urban environment. This is a fantastic opportunity to secure high-quality office space in a well-established and desirable Kansas City business center. The building's design and layout provide a professional and productive work environment. Interested parties are encouraged to inquire about available suites and lease terms. The property is classified as both Traditional Office and Executive Office space, offering a variety of options to suit different business needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction WOOD
Total area 23,720 SF
Lot 2 ac (87,120 SF)
APN 29-310-08-18
UPID US48-0586207

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architecture Firm
  • Business Management Consultant
  • Alternative Medicine Practice Spa & Massage Center
  • Construction Company
  • Alternative Medicine Practice

Location

600 Broadway Blvd Kansas City, MO 64105-1536
Kansas City metro Census 1100 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.60M
Blend (final) Blend
$2.82M

Owner & transaction history

since 2016
3 recorded transactions
2016
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $3.2M +82.5%
Restaurant $3.1M +76.8%
Retail stores $3.1M +74.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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